I remember reading that Bobby Lee (brother of Charlie Lee, creator of Litecoin) has enough hashing power to activate segwit. With the extra hashrate, Jihan Wu would need to put extra money in trying to block segwit in Litecoin, so the more hashrate we have signaling segwit in LTC the better.
I just wonder why he isn't signaling segwit yet?
I didn't ever hear if bobby lee has litecoin hashrate.But can you tell me how many the hashrate power of litecoin has had by bobby lee?
What is the name of his mining pool?
I've never heard this before.
In my opinion, all of the litecoin power by the brothers of lee gets to concentrate on charlie lee.
I don't know how much he has. Anyway the idea would be to get some of the hashrate from bitcoin and put it on litecoin temporarily to activate segwit. I think I heard this from iamnotback where he said bobby lee would eventually drop some hashrate on ltc's segwit.
Something I have been thinking about is how Jihan is likely waiting for the right moment to deploy a ton of anti segwit hashrate. Too much of a coincidence that we are at around the edge of 75%. He may have calculated how much hashrate does he need to keep it at around 75%, then at the last day or so, he will deploy a lot of anti segwit hashrate killing the entire signaling period by lowering the average below 75%, just 0.1% under 75% and the entire period is lost and he does it with minimal costs vs constantly keeping it under 75%, so beware with that.